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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 186 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

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  1. 1.Nisha has a budget of ₹500. The stock costs ₹130 and the stall fee is ₹410. Is the budget enough? (a) No (b) Yes
  2. 2.Aarav’s stall budget is ₹650. Napkins cost ₹130, a banner cost ₹290 and paper cups cost ₹170. How many rupees of the budget are left?
  3. 3.Nisha’s stall budget is ₹480. Paper cups cost ₹160, pots cost ₹140 and card paper cost ₹60. How many rupees of the budget are left?
  4. 4.Dev has ₹60 to spend on rolls of ribbon. One roll of ribbon costs ₹12. What is the greatest number of rolls of ribbon Dev can buy?
  5. 5.True or false: “ice” is a one-time cost. (a) True (b) False
  6. 6.🔍 Which is the odd one out? (a) a juicer (b) a folding table (c) a price board (d) tea leaves and milk
  7. 7.🔍 Which is the odd one out? (a) ice (b) lemons (c) a folding table (d) seeds and soil
  8. 8.Riya has a budget of ₹900. The stock costs ₹360 and the stall fee is ₹530. Is the budget enough? (a) No (b) Yes
  9. 9.True or false: “a cooler box” is a running cost. (a) True (b) False
  10. 10.Vihaan plans to make 49 glasses of chai. Each needs ₹9 of materials, and a banner costs ₹90 once. What total budget is needed (in ₹)?
  11. 11.True or false: “a cooler box” is a one-time cost. (a) True (b) False
  12. 12.Riya’s stall budget is ₹870. Pots cost ₹270, sugar cost ₹300 and lemons cost ₹220. How many rupees of the budget are left?
  13. 13.True or false: “ice” is a running cost. (a) True (b) False
  14. 14.Ananya has ₹360 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Ananya can buy?
  15. 15.True or false: “a folding table” is a one-time cost. (a) True (b) False
  16. 16.Ishaan plans to make 17 painted pebbles. Each needs ₹4 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  17. 17.🔍 Which is the odd one out? (a) ice (b) a juicer (c) a folding table (d) a cloth banner
  18. 18.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a cloth banner (d) a price board
  19. 19.Riya plans to make 23 friendship bands. Each needs ₹4 of materials, and a banner costs ₹80 once. What total budget is needed (in ₹)?
  20. 20.Gurpreet’s stall budget is ₹720. Sugar cost ₹210, seeds cost ₹240 and ribbon cost ₹100. How many rupees of the budget are left?
  21. 21.📒 One-time cost or running cost: a price board? (a) a one-time cost (b) a running cost
  22. 22.Ishaan has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹4. What is the greatest number of sheets of card paper Ishaan can buy?
  23. 23.Which of these is a running cost? (a) seeds and soil (b) a price board (c) a folding table (d) a juicer
  24. 24.Zoya plans to make 18 cupcakes. Each needs ₹3 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  25. 25.Meera plans to make 42 glasses of chai. Each needs ₹2 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  26. 26.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) a price board (d) card paper
  27. 27.📒 One-time cost or running cost: sugar? (a) a one-time cost (b) a running cost
  28. 28.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  29. 29.Which of these is a one-time cost? (a) a cloth banner (b) sugar (c) paper cups (d) card paper
  30. 30.Which of these is a running cost? (a) a price board (b) tea leaves and milk (c) a folding table (d) a juicer
  31. 31.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) seeds and soil (d) a juicer
  32. 32.Rohan’s stall budget is ₹570. A price board cost ₹50, card paper cost ₹60 and napkins cost ₹190. How many rupees of the budget are left?
  33. 33.Arjun plans to make 20 cupcakes. Each needs ₹9 of materials, and a banner costs ₹50 once. What total budget is needed (in ₹)?
  34. 34.Rohan plans to make 12 paper bookmarks. Each needs ₹2 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  35. 35.📒 One-time cost or running cost: card paper? (a) a running cost (b) a one-time cost
  36. 36.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  37. 37.True or false: “a juicer” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a folding table (c) card paper (d) a cloth banner
  39. 39.🔍 Which is the odd one out? (a) a cloth banner (b) a price board (c) a folding table (d) seeds and soil
  40. 40.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost

Answer key

  1. No
  2. 60
  3. 120
  4. 5
  5. False
  6. tea leaves and milk
  7. a folding table
  8. Yes
  9. False
  10. 531
  11. True
  12. 80
  13. True
  14. 90
  15. True
  16. 118
  17. ice
  18. paper cups
  19. 172
  20. 170
  21. a one-time cost
  22. 27
  23. seeds and soil
  24. 234
  25. 204
  26. a price board
  27. a running cost
  28. a one-time cost
  29. a cloth banner
  30. tea leaves and milk
  31. a juicer
  32. 270
  33. 230
  34. 234
  35. a running cost
  36. a running cost
  37. True
  38. card paper
  39. seeds and soil
  40. a running cost

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